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Economy, society, and worker representation in corporate governance

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Book chapter

Piore, Michael J.

Oxford University Press - New York

2004

141-159

shareholder ; workers participation ; corporate governance ; cross section analysis

USA

Workers participation and European works councils

English

Bibliogr.

"This chapter offers a historical reconstruction of the evolution of governance structures in the modern history of the US; seen through the lenses of Polanyi's thesis, the main problem of contemporary economic organization is the clash between the competitive market and the social nature of human beings. This chapter analyses how this clash was resolved in different historical phases: by the adjustment of the social system to the requirement of production under the old regime of mass production, by negotiation and unionization under the New Deal. It characterizes the current phase as one of ‘disarticulation' of the relationship between the economic and the social structures, where they are neither separate nor related in any clear way, to which a solution is yet to be found"

Digital



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